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What is The Down Payment For a $550K House

What is the down payment on $550K house? - The down payment is $110,000 for a $550K house with 20% down and a mortgage of $440,000.

Down Payment on $550,000 House

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Down Payment
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Minimum Down Payment For $550K Homes

There are minimum down payment requirements for different types of mortgages. The following shows the minimum down payments for $550,000 house. 0% Down Payment Mortgage on $550K House - Qualified homebuyers for VA loans are not required to put any money in the down payment. 0% down on $550,000 = $0 3% Down Payment Mortgage on $550K House - Some conventional mortgages have a minimum down payment of as low as 3% for customers with excellent credit scores. 3% down on $550,000 = $16,500 3.5% Down Payment Mortgage on $550K House - FHA home loans require a minimum down payment of 3.% for homebuyers with credit scores of 580 or higher. 3.5% down on $550,000 = $19,250 10% Down Payment Mortgage on $550K House - Many conventional mortgages require homebuyers to make at least a 10% down payment. FHA loans required a 10% down payment from borrowers with a credit score lower than 580. 10% down on $550,000 = $55,000 20% Down Payment Mortgage on $550K House - Traditional mortgages require the homebuyer to pay for private mortgage insurance (PMI) if their down payment is less than 20%. PMI payments will only be removed after the homebuyers have at least 20% equity in their homes. To avoid paying for PMI altogether, put down 20% or more as your down payment. 20% down on $550,000 = $110,000



Percent Down Down Payment Mortgage Amount
0% Down on $550,000 House $0 $550,000
0.5% Down on $550,000 House $2,750 $547,250
1% Down on $550,000 House $5,500 $544,500
1.5% Down on $550,000 House $8,250 $541,750
2% Down on $550,000 House $11,000 $539,000
2.5% Down on $550,000 House $13,750 $536,250
3% Down on $550,000 House $16,500 $533,500
3.5% Down on $550,000 House $19,250 $530,750
4% Down on $550,000 House $22,000 $528,000
4.5% Down on $550,000 House $24,750 $525,250
5% Down on $550,000 House $27,500 $522,500
5.5% Down on $550,000 House $30,250 $519,750
6% Down on $550,000 House $33,000 $517,000
6.5% Down on $550,000 House $35,750 $514,250
7% Down on $550,000 House $38,500 $511,500
7.5% Down on $550,000 House $41,250 $508,750
8% Down on $550,000 House $44,000 $506,000
8.5% Down on $550,000 House $46,750 $503,250
9% Down on $550,000 House $49,500 $500,500
9.5% Down on $550,000 House $52,250 $497,750
10% Down on $550,000 House $55,000 $495,000
10.5% Down on $550,000 House $57,750 $492,250
11% Down on $550,000 House $60,500 $489,500
11.5% Down on $550,000 House $63,250 $486,750
12% Down on $550,000 House $66,000 $484,000
12.5% Down on $550,000 House $68,750 $481,250
13% Down on $550,000 House $71,500 $478,500
13.5% Down on $550,000 House $74,250 $475,750
14% Down on $550,000 House $77,000 $473,000
14.5% Down on $550,000 House $79,750 $470,250
15% Down on $550,000 House $82,500 $467,500
15.5% Down on $550,000 House $85,250 $464,750
16% Down on $550,000 House $88,000 $462,000
16.5% Down on $550,000 House $90,750 $459,250
17% Down on $550,000 House $93,500 $456,500
17.5% Down on $550,000 House $96,250 $453,750
18% Down on $550,000 House $99,000 $451,000
18.5% Down on $550,000 House $101,750 $448,250
19% Down on $550,000 House $104,500 $445,500
19.5% Down on $550,000 House $107,250 $442,750
20% Down on $550,000 House $110,000 $440,000
25% Down on $550,000 House $137,500 $412,500
30% Down on $550,000 House $165,000 $385,000
35% Down on $550,000 House $192,500 $357,500
40% Down on $550,000 House $220,000 $330,000
45% Down on $550,000 House $247,500 $302,500
50% Down on $550,000 House $275,000 $275,000
55% Down on $550,000 House $302,500 $247,500
60% Down on $550,000 House $330,000 $220,000
65% Down on $550,000 House $357,500 $192,500
70% Down on $550,000 House $385,000 $165,000
75% Down on $550,000 House $412,500 $137,500
80% Down on $550,000 House $440,000 $110,000
85% Down on $550,000 House $467,500 $82,500
90% Down on $550,000 House $495,000 $55,000
95% Down on $550,000 House $522,500 $27,500
100% Down on $550,000 House $550,000 $0

down payment on 551k house
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